21Shares Bitcoin Core ETP

21Shares Bitcoin Core ETP is an exchange-traded product (ETP) issued by 21Shares AG that provides investors with direct exposure to Bitcoin (BTC), the largest cryptocurrency by market capitalization. It tracks the performance of BTC through a 100% physically backed structure, where the underlying Bitcoin is held in cold storage by an institutional-grade custodian for enhanced security. Featuring one of the lowest management fees in the market at 0.10%, this ETP offers a cost-efficient vehicle for accessing Bitcoin's role as a decentralized store of value, often termed 'digital gold' due to its scarcity and fixed monetary policy. Bitcoin originated as a peer-to-peer payment system and has evolved into a robust payments platform infrastructure, classified under the Global Crypto Classification Standard as a Level 1 Payments Platform with Level 2 Infrastructure and Payment Platform sectors. Available to investors across multiple European jurisdictions including the UK, Germany, and Switzerland, 21Shares Bitcoin Core ETP bridges traditional finance with cryptocurrency markets, supported by market makers like Flow Traders and Jane Street. With assets under management exceeding $445 million as of recent data, it underscores Bitcoin's liquidity and established position in the digital asset ecosystem.